FOOD & BEVERAGE SECTOR ON THE ADVANCE
Changes in the retail landscape can be observed best in Berlin, the capital of trends. Over several years, textile companies are still ahead in terms of the number of rentals, but in the recent past they have been narrowly overtaken by food and beverage. In the first half of 2019, this sector accounted for more than one in four rentals. Classic suppliers such as the food industry and drugstores are also expanding. Against a background of increased tourism, the continuing influx of new residents, and an increase in the number of office workers, these companies are looking for new space - especially in well frequented and service locations. The American burger chain Five Guys, for instance, has rented around 450 m² at Alexanderplatz - the footfall volume here, at a good 4,900 pedestrians per hour, is only slightly lower than in Berlin's busiest location, Tauentzienstrasse (5,600 people per hour).
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